Himadri Speciality Chemical Invests in Sicona Battery Technologies & Signs Technology Licensing Agreement
Himadri Speciality Chemical Ltd has invested AUD 1,50,00,000 (INR 81.48 Crores approximately) in Sicona Battery Technologies Pty Ltd in the form of subscription to Compulsorily Convertible Notes. The company has also entered into a Technology Licensing Agreement with Sicona, granting Himadri the exclusive license to manufacture silicon-carbon anode materials in India using Sicona’s Silicon-Carbon (SiCx®) anode technology. Sicona Battery Technologies is a next-generation battery materials company focused on revolutionizing lithium-ion battery performance, with a proprietary Silicon-Carbon (SiCx®) anode technology that delivers significantly higher energy density and improved charging capability compared to conventional graphite-based anodes.
Key Highlights
- Himadri Speciality Chemical has invested AUD 1,50,00,000 (INR 81.48 Crores approximately) in Sicona Battery Technologies Pty Ltd.
- The investment is in the form of subscription to Compulsorily Convertible Notes.
- Himadri and Sicona have entered into a Technology Licensing Agreement.
- The agreement grants Himadri the exclusive license to manufacture silicon-carbon anode materials in India using Sicona’s Silicon-Carbon (SiCx®) anode technology.
- Sicona Battery Technologies has developed a proprietary Silicon-Carbon (SiCx®) anode technology that delivers significantly higher energy density and improved charging capability compared to conventional graphite-based anodes.